The District Court has made the rare decision to accept a plea of no contest from airline Florida West, ending the cartel prosecution of the airline. By pleading no contest Florida West avoids having to...

On 18 July 2012, the US Consumer Financial Protection Bureau (CFPB) announced that it had reached a settlement with Capital One Bank (USA) (Capital One) in relation to alleged misleading or deceptive conduct in credit...

It’s probably fair to say that “truth in advertising” is a pretty elastic concept. But for those businesses that like to stretch that band an inch too far may find themselves stretched further by the...

Parliament hasn’t given the ACCC any new powers to perform its role as “carbon cop”, but the Commission’s early track record suggests it’s keeping energy retailers (and others) on their toes. ACCC Chairman Rod Sims...

The Cardiff Bus Decision is significant (particularly in the context of small markets) as it illustrates that, whilst conduct may be “of minor significance” and statutorily exempted from financial penalty by the OFT, there is...

In comments which resonate with the recent statements from the antipodes, EC Commissioner Joaquin Almunia (in this recent GCR interview) has stressed the benefits of the DG Comp’s merger pre-notification process, but has agreed that...

Whilst concerns have been raised about the impacts of greater vertical integration in wholesale electricity markets both overseas and here in Australia, the ACCC found enough reasons to think that the markets can cope with...

On 20 June, the Competition Commission of India (“CCI”) took the (Brahman?) bull by the horns and imposed a record fine of 6,307 crore (approx. US$1.1 billion) on 11 cement companies, as well as the...